not all people are in coinbase. i don't think 50% of the crypto trader are in coinbase. but you're right that BTC isn't meant to make people rich. not everyone can trade and if you panic sell you'd really mess up your investment.
bitcoin does not make people rich, this sentence is only for people who have no knowledge of cryptocurrency trading. for me bitcoin really helps our economy to be better and can even make us rich. people who do not have knowledge of crypto currency trading will always fail because they are not careful, impatient and have a very high fear. |
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Bitcoin evangelist has always attributed Bitcoin to be a safe-haven asset, while extreme fanatics believe that Bitcoin is far better than gold. Bitcoin was born in the wake of the 2008 financial crash as a libertarian currency and as an instrument that could help cushion the event of a future financial crisis.
Since Bitcoin is purely a speculative risk asset, many people have doubted its position as a purported safe-haven asset, I am not one of them anyways. However, since Bitcoin hasn't witnessed a global recession yet, I feel Bitcoin hasn't sufficiently defended its narrative as a safe-haven asset.
As the possibility of a global recession intensifies, what's your take on the possible performance of Bitcoin? will it go down with the traditional market or will it defend its name? I am very much interested to know.
now is living proof that bitcoin has really helped to ease the economic crisis in the whole country. if we compare the current price of bitcoin with the price of bitcoin in 2020 the difference is very far, especially if we compare it to 2016,2017 and 2018, the price of bitcoin at that time was very much cheaper. at this time we have nothing to doubt about bitcoin because its popularity is already very large and favored by investors around the world, so don't be afraid to lose if you buy bitcoin at this time because the price will continue to rise every year. |
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This news indicates that bitcoin will continue to rise in the coming months. Elon Musk apparently didn't sell his bitcoins and instead kept holding back to get big profits in the future. Elon Musk sold his bitcoin earlier this year because he also wanted to enjoy the returns from investing in bitcoin, that's a natural thing, I think it's the right move to take advantage because bitcoin has gone up very high compared to the price of bitcoin in 2018.
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a world without bitcoin will not cause a problem but if the world with bitcoin can change one's economy for the better and can reduce poverty levels around the world. at this time bitcoin has been discussed around the world and stole the attention of investors around the world. I think Bitcoin is a promising investment for a brighter future.
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Legendary trader Peter Brandt, an old trader, told the community via Twitter that President Joe Biden could have many negative consequences for the cryptocurrency, bitcoin.
Brandt warns that Biden could do a lot of damage to bitcoin.
He published a link to the Wall Street Journal on Biden's proposal to raise capital gains taxes to 39 percent, and as Brent points out, in some states the figure could even rise to 55 percent.
At present, the capital gains tax is a maximum of 20 percent, while the highest rate for wages or business profits is 37 percent.
If Biden's proposal is approved, high-income families will see the end of their investment planning, and business owners will transfer less wealth to their children.
My opinion is also like that, all changes or regulations that can disturb the peace of Bitcoin will not last long, after that Bitcoin can be victorious again. however, if President Joe Biden manages to increase the capital gains tax, I am afraid that the price of bitcoin can also go up, but it will affect the transaction costs which will be very expensive. |
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yes it's the best choice for bitcoin holders, they will benefit greatly in the next few months. Now that the price of bitcoin has gone up again, I think that bitcoin is not easy to destroy. I see that the price of bitcoin often goes up and down, but if we look at the price of bitcoin every year it tends to rise. bitcoin is very influential on one's economy, because investing in bitcoin is very fast to make a profit.
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Problem is.
The Central banks will print and devalue currency like dollar or they make high taxes and taking out most of the money in circlelation.
2 ways to Go
High inflation *
High deflation *
So if this Old Fiat system is done... We Don't need this Let's abond all we need is just cash from the Old system.
But the banks and Other things we Can abond.
We Can start stable coins using we Don't need to Wait When they either kill money or kill economy.
We have usdt and Bitcoins to Back Up.
We should urge Our local community business and Everything to use stable coins with cash.
The Old banks we simply Don't need. We have crypto wallets.
I think it's as important to own bitcoin as to have cash. we definitely know how much we need cash for household needs for a month, if you have more money for household needs, it's better to save it into bitcoin because bitcoin has a bright future. the longer the time runs, the more people who know bitcoin and will buy bitcoin so that the price is getting more expensive. |
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those who laugh at cryptocurrencies or laugh at bitcoin when the price is down, they are the ones who are jealous of the price of bitcoin that has gone up too far from 2019 to the present. In recent days the price of bitcoin has decreased quite a lot and people who hate bitcoin laugh on all social media, but now we can see that the price of bitcoin has gone up again, it's time for bitcoin holders who laugh and those who hate bitcoin are getting jealous.
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One of the reasons why binance smart chain becomes this big right now is because ethereum gas fee is very high and this force some projects to switch to BSC but what do you think will happen once ethereum gas fee goes lower in near few months? Will BSC faced same fate as binance DEX? Or BSC will remain the better option over ethereum?
The high cost of ethereum gas makes investors look for cheaper altcoins in gas costs, this problem can affect the popularity of ethereum decreasing and ultimately the price of ethereum becomes cheaper. The cost of ethereum gas will not go down easily because ethereum is still used by people and the price of ethereum has been very much higher than the last 5 years, I think that is what causes etherum gas to remain expensive. I think that BSC will be the best choice for investors in the future so that ethereum will be left behind. |
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altcoins that have survived from 2018 to the present because of the hard work done by its members to make innovations so that the coins they make are not wasted. Apart from the hard work put in by the members, investors can also influence the price of altcoins. so all of this is related to each other if there is a problem between them then the coins will become trash.
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that's where we have to be good at finding the right time to sell and the right time to buy. I saw a lot of newbies who just bought crypto currency and after that they didn't know what to do. In general, beginners often sell their coins when the price of cryptocurrency is down, they think it is the right choice to reduce losses, even though they can still make a profit by being patient and waiting for the cryptocurrency price to rise again.
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I think bitcoin can make us rich and feel free. people who have bought quite a lot of bitcoin in 2017 or before when the price of bitcoin was cheaper then they are now very rich people. Experienced traders and investors going to get rich with bitcoin all need meticulousness and patience to get satisfactory results.
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Buying BTC now is extremly risky.This is a bubble what we see now. Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x
Very bad information for bitcoin, I suggest you don't make any news that is not clear. We all need to know that at this point in time many people like bitcoin so there's no way the price of bitcoin will drop to $ 20k. news - news circulating about the price of bitcoin that will fall further I feel as if they are forcing the price of bitcoin to go down, with this scary news bitcoin holders can be moved to sell their bitcoin at a lower price. |
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Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.
now is not the time to sell bitcoin but time to buy bitcoin because bitcoin price has gone down. suppose anyone buys bitcoins at $ 10k it is okay to sell the bitcoins they have to enjoy the profits because they have held them for quite a long time. I also suggest that bitcoin holders who buy bitcoin at the most expensive price are better off holding back because one day the price of bitcoin will definitely go up again. |
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Several people especially newbies are often displeased whenever there is a dip in price of crypto currency assets. But the truth is that it is only during the dip market that you can go round exchanges and confirm that you buy orders (orders placed at low price) has been filled. If you love the pump, please learn how to appreciate the dip too; as a matter of fact, train your mind to use every dip to your advantages.
in general, beginners are like that, they are timid and often experience a sense of hesitation in doing something. Beginners are very afraid that the coins they own will decline in price and they are even willing to sell the coins they have to avoid more losses. beginners will definitely experience failure or experience losses in investing in cryptocurrencies, if they are not easily discouraged and keep trying then they will become real investors because they already have experience. |
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I think Dogecoin has very good potential, I think in the future the Dogecoin price will definitely continue to rise. if you want to buy Dogecoin, it's better to find the right time, for example when the Dogecoin price has decreased a little, then buy Dogecoin at a time like this. I have been paying attention to Dogecoin for a long time, at that time I thought that the price of Dogecoin would go up someday and now it has been proven that the price of Dogecoin has been much more expensive than the previous years.
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Indeed, the price of bitcoin at this time is very expensive compared to the price of bitcoin in 2018, bitcoin has increased quite high at the end of 2017 and experienced a sharp decline in 2018.
don't be afraid of the current state of bitcoin price which has decreased in the last few days, don't be afraid everything will be fine bitcoin will definitely go up again as time goes by. For investors who are just trying to invest in bitcoin, don't be easily disappointed by the news that drops the price of bitcoin, if the price of bitcoin continues to decline then we have to keep holding bitcoin until the price goes up again.
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if you want to invest in crypto currency it is better to find information about the coins we are going to invest in. we can imagine the price of coins that we buy in the future will go up or down from our observations about the coin. currently there are lots of good altcoins to buy and invest in, for example XMR, NEO, XRP, Dogecoin, UNI, TRX, PancakeSwap (CAKE).
The coins that I mentioned above are coins that are very cheap, my goal is to mention some coins that are cheap so that we can buy a very large amount of these coins in order to get a very large profit.
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Do they come from the Dogecoin supporters? I remember way back when BTC and Dogecoin supporters were friends, it's not happening anymore I guess. Now Dogecoin supporters hope to take over BTC  It's not gonna happen. Too bad this meme coin has been destroyed like that giving it nothing more than a pump and dump status. Thank you Elon!  Dogecoin will not be able to take over Bitcoin, because the price of bitcoin is already very expensive and bitcoin already has more supporters than Dogecoin, in my opinion it is impossible if Dogecoin can take over bitcoin. the negative news that appears at this time is only to drop the price of bitcoin to take advantage by buying it at a low price, I am sure after that the price of bitcoin will go up again and will reach $ 100k. |
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Most people will choose to wait for the bitcoin price to hit $ 100k. on the bitcoin price chart we can see that the price of bitcoin has continued to increase in recent months and I am sure that the price of bitcoin can reach $ 100k in the next few months even though at this time the price of bitcoin has decreased slightly.
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